Monday, June 23, 2008

Entrepreneurial Lesson

I just came across these quotes by way of Michael Arrington's tweet re QuotesDaddy, specifically, they're attributed to Maya Elhalal, an Israeli entrepreneur. Here's her page on QuotesDaddy.

“Fierce competition is usually better news than no competition. At least you know there’s something worth fighting over.”

“Don’t start a venture if the only thing protecting your idea from being copied is staying in stealth mode.”

“The only people you should worry about getting your idea are the ones you’re trying to sell it to.”

“Always assume someone is working on the exact same thing you are, that they started a month earlier and sleep an hour less every night.”

“When you’re trying to raise an investment for your venture, every ‘no’ gets you closer to a ‘yes’ only if you know why you’ve been rejected.”

Love these - I think they capture what I've long believed about starting a company. It's hard for so many founders to follow these recommendations - a few are counterintuitive. I had to post them here to share them and to return to often as mindset reinforcement.

1 comment:

Anonymous said...

Thank you for sharing these quotes! :-) Maya